News

New RFID/NFC solution monitors inventory, security

January 11, 2012

Retailers now have a RFID/NFC integrated solution to not only manage inventory and security but also to enhance the customer shopping experience, according to TAGSYS, a provider of item-level RFID infrastructure.

The company partnered with Think&Go, a provider of Near Field Communication (NFC)-enabled services and solutions, to develop the solution that grew out of a need to extend the reach of RFID item-level tracking beyond the scope of inventory and security management to the consumer shopping experience.

Using the same RFID infrastructure, manufacturers can benefit from distributed product information, and consumers, through their NFC-enabled smartphones, can access personalized information and services, according to Alain Fanet, CEO of TAGSYS

"This partnership expands the reach of traditional item-level RFID and NFC applications," he said in a company press release. "By integrating our respective technologies, TAGSYS will not only simplify the deployment of real-time wireless tracking and communications technologies over the cloud, but also provide valuable customer and product data to retailers and manufacturers, while enhancing the shopping experience for consumers and building brand loyalty."

The new solution offers new benefits to retailers and consumers, without adding large infrastructure costs, Fanet said.

Read more about RFID technology.